V3 Apparel Ltd

V3 Apparel Ltd from Abertillery UK: small company, active status, founded 6 years ago, 2 employees, £-30,750 assets, real address, 2 directors, 1 owner, solo founder. Irregular importer of clothing and accessories, not knitted or crocheted (1 months imported). Irregular exporter of clothing and accessories, not knitted or crocheted (1 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale of clothing in specialised stores industries. Officially, it has one owner or PSCs, two directors, and two employees.

V3 Apparel Ltd runs a vibrant online store, V3 Apparel Official Store, specializing in limited edition performance activewear. The site is well-designed and offers a wide range of products, including shorts, leggings, sports bras, and matching sets, all available in various colors and sizes. It’s clear that the company is targeting a female athlete demographic, with a focus on sculpting and supporting activewear. The site also offers international shipping and supports various payment methods, including Klarna and Apple Pay. It's a well-rounded e-commerce operation.

Financially, V3 Apparel Ltd is facing some challenges. While the company has £-30,750 in assets, its net assets have significantly decreased, and bank borrowings have increased substantially. Cash reserves have also dwindled, indicating a potential need for improved cash flow management. However, creditors have decreased, suggesting better debt management. The company’s small size helps it remain agile, but the decline in equity is concerning. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s financial data reveals a mixed picture. Liabilities have increased, and cash reserves are low, but creditors are down. Loans from directors have surged, and there's a large drop in equity. The company's small size and solo founder status may be contributing factors. It’s likely the company is burning through cash to grow its online presence and expand its product line, but it needs to carefully manage its finances to ensure long-term sustainability.

Registered in Wales under the registration number 11425294, with a registered address at NP13 3BG, Wales, Abertillery, 10 Victoria Street, Blaina.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.